We deal in drip irrigation, which is billed to farmers at a 100% subsidy. We buy from the local market and bill a) Farmers directly at a NIL tax rate and b) to Dealers at a NIL tax rate. However, we purchase from manufacturers at 4% and 12.5%.
My doubts are:
1) Is it correct to bill dealers at a NIL % rate?
2) When we purchase from local manufacturers at 4% and 12.5% tax and bill at a NIL rate, how do we claim input tax credit?
Please advise with relevant government details.
Regards,
From India, Madras
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My doubts are:
1) Is it correct to bill dealers at a NIL % rate?
2) When we purchase from local manufacturers at 4% and 12.5% tax and bill at a NIL rate, how do we claim input tax credit?
Please advise with relevant government details.
Regards,
From India, Madras
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sir, i am in madhya pradesh.one employee working in our company jan.12 to april.12.can you tell me calculation method in this case.
From India
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2From India
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Yes you have required to remitted LWF in each state separately and not in Bangalore, please check the applicability of the act in respective state prior to deduct / remit the lwf.
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From India
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Labour Welfare Fund contribution in Andhra Pradesh consists of an Employee contribution of Rs. 30 and an Employer contribution of Rs. 70. To understand the complete process of how to pay the Labour Welfare Fund in Andhra Pradesh in 2017, you can visit [How To Pay Labour Welfare Fund Andhra Pradesh 2017](http://www.hrcabin.com/pay-labour-welfare-fund-andhra-pradesh/).
From India, Hyderabad
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From India, Hyderabad
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TN Labour Welfare Fund 2018.pdf